Royal Jordanian posts JD21 million net profit in 2015

In a meeting held on March 13, 2016, Royal Jordanian’s Board of Directors, presided by Chairman Suleiman Hafez, endorsed the company’s audited financial results. The figures show that Royal Jordanian registered a net profit before tax of JD21 million in 2015, while in 2014 it had registered JD49.5 million net losses before tax.

The net profit after tax reached JD16 million, while in 2014 the company had registered JD39.6 million in net losses.

Hafez attributed the growth to the efficiency and loyalty of the staff, and to the company’s keenness to implement the company’s business plan 2015-2019.

The plan focuses on constant renewal of the fleet and review of the route network, restructuring in all areas, taking measures to increase revenues and reduce operating costs, working to increase the company’s market share, looking for available growth opportunities, all the while improving the quality of services and maintaining the airline’s leading position in the Levant.

Özgür Töre is the founder and managing editor of award-winning travel news website; Focus on Travel News – ftnNEWS.com and Arab Turkish Travel Gazette – www.arabturkishtravel.com. Mr. Töre is the co-founder of RusTourismNews.com and UkraineTravelNews.com
Mr. Töre is a board member of Association of Tourism Writers and Journalists (TUYED) in Turkey and International Tourism Writers Alliance.
He holds a Master’s Degree in Project Management from Istanbul Kültür University and a Bachelor’s Degree in Business Administration from the Istanbul Bilgi University.